Spotify’s IPO Is Back on Track With a Juicy UMG Deal

Spotify’s licensing agreement with Universal Music Group is just what the Wall Street doctor ordered.  But can the trick be duplicated with Sony Music and Warner? Several weeks ago, some pretty interesting details started leaking to the Financial Times.  What insiders said was this: Spotify needed longer-term, lower-royalty deals with the major labels if they […]

The post Spotify’s IPO Is Back on Track With a Juicy UMG Deal appeared first on Digital Music News.

YouTube’s double standards add insult to injury for the music business

YouTube is charging TV fans $35 a month, while charging music fans… nothing.

The post YouTube’s double standards add insult to injury for the music business appeared first on Music Business Worldwide.

Breaking: Google Acquiring Spotify In $41.1 Billion Cash, Equity Deal

Google is now planning to acquire Spotify in a deal valued at roughly $41.1 billion in cash and equity. The acquisition, first reported by the Wall Street Journal this morning, creates a clear frontrunner in the music subscription space.  It would also give Google a massive edge over competitors like Apple Music. According to research emerging this week, Apple […]

The post Breaking: Google Acquiring Spotify In $41.1 Billion Cash, Equity Deal appeared first on Digital Music News.

Music subscriptions exploded in the US in 2016, as market generated $7.7bn

Apple Music and Spotify drive 114% growth in paid-for streaming
The post Music subscriptions exploded in the US in 2016, as market generated $7.7bn appeared first on Music Business Worldwide.

Jack Stephens joins Spotify as Creator Partnerships Manager

Popular exec brings direct relationships with artist managers to Daniel Ek’s streaming company
The post Jack Stephens joins Spotify as Creator Partnerships Manager appeared first on Music Business Worldwide.

Spotify acquires MightyTV. Can its founder fix Daniel Ek’s advertising woes?

Can former Google exec Brian Adams play a key role in making Spotify profitable?

The post Spotify acquires MightyTV. Can its founder fix Daniel Ek’s advertising woes? appeared first on Music Business Worldwide.

Facebook set to challenge Spotify with ‘comprehensive music strategy’

Mark Zuckerberg’s company is hiring for THREE new senior music licensing roles

The post Facebook set to challenge Spotify with ‘comprehensive music strategy’ appeared first on Music Business Worldwide.

If Daniel Ek wants to frighten the majors, he should step back in time

Why becoming a record label isn’t Spotify’s golden ticket to profitability
The post If Daniel Ek wants to frighten the majors, he should step back in time appeared first on Music Business Worldwide.

Drake’s More Life tops 250m streams across Apple Music and Spotify in two-and-a-half days

Playlist reaches nearly 600m streams over two days

The post Drake’s More Life tops 250m streams across Apple Music and Spotify in two-and-a-half days appeared first on Music Business Worldwide.